Expedia Group, Inc. $EXPE Shares Sold by Hunter Associates Investment Management LLC

Hunter Associates Investment Management LLC decreased its holdings in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 20.3% during the first quarter, Holdings Channel.com reports. The fund owned 20,707 shares of the online travel company’s stock after selling 5,278 shares during the period. Hunter Associates Investment Management LLC’s holdings in Expedia Group were worth $4,783,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of EXPE. Orion Porfolio Solutions LLC raised its position in shares of Expedia Group by 0.4% in the 3rd quarter. Orion Porfolio Solutions LLC now owns 9,814 shares of the online travel company’s stock valued at $2,098,000 after purchasing an additional 38 shares during the last quarter. RHS Financial LLC grew its position in Expedia Group by 4.0% during the 4th quarter. RHS Financial LLC now owns 1,030 shares of the online travel company’s stock worth $292,000 after purchasing an additional 40 shares during the last quarter. Petredis Investment Advisors LLC grew its position in Expedia Group by 3.2% during the 1st quarter. Petredis Investment Advisors LLC now owns 1,305 shares of the online travel company’s stock worth $301,000 after purchasing an additional 40 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in Expedia Group by 8.2% during the 4th quarter. Geneos Wealth Management Inc. now owns 567 shares of the online travel company’s stock valued at $161,000 after purchasing an additional 43 shares in the last quarter. Finally, Harbor Investment Advisory LLC increased its stake in Expedia Group by 16.0% during the 4th quarter. Harbor Investment Advisory LLC now owns 319 shares of the online travel company’s stock valued at $90,000 after purchasing an additional 44 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.

Expedia Group Stock Performance

EXPE opened at $268.69 on Friday. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 2.43. Expedia Group, Inc. has a 12-month low of $171.27 and a 12-month high of $303.80. The firm has a 50 day moving average of $236.11 and a two-hundred day moving average of $246.11. The firm has a market capitalization of $32.93 billion, a PE ratio of 23.65, a P/E/G ratio of 0.71 and a beta of 1.23.

Expedia Group (NASDAQ:EXPE) last released its quarterly earnings data on Thursday, May 7th. The online travel company reported $1.96 EPS for the quarter, beating the consensus estimate of $1.41 by $0.55. The business had revenue of $3.43 billion for the quarter, compared to the consensus estimate of $3.35 billion. Expedia Group had a net margin of 9.81% and a return on equity of 84.33%. The business’s revenue for the quarter was up 14.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.40 EPS. On average, analysts anticipate that Expedia Group, Inc. will post 16.98 EPS for the current year.

Expedia Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, May 28th were given a dividend of $0.48 per share. The ex-dividend date was Thursday, May 28th. This represents a $1.92 dividend on an annualized basis and a yield of 0.7%. Expedia Group’s payout ratio is currently 16.90%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on EXPE shares. Susquehanna raised their price target on shares of Expedia Group from $240.00 to $250.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. Morgan Stanley boosted their price objective on shares of Expedia Group from $270.00 to $290.00 and gave the company an “equal weight” rating in a report on Tuesday, April 28th. Robert W. Baird set a $290.00 target price on Expedia Group in a research report on Friday, May 8th. Dbs Bank upgraded Expedia Group from a “hold” rating to a “moderate buy” rating in a research note on Monday, May 11th. Finally, Gordon Haskett lowered their price target on Expedia Group from $320.00 to $290.00 and set a “buy” rating for the company in a research report on Wednesday, May 13th. Sixteen investment analysts have rated the stock with a Buy rating and twenty-three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Expedia Group has an average rating of “Hold” and an average price target of $284.30.

Insider Buying and Selling at Expedia Group

In other Expedia Group news, CAO Lance A. Soliday sold 940 shares of Expedia Group stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $221.86, for a total transaction of $208,548.40. Following the completion of the transaction, the chief accounting officer owned 14,083 shares in the company, valued at approximately $3,124,454.38. This trade represents a 6.26% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Robert J. Dzielak sold 4,702 shares of Expedia Group stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $233.00, for a total value of $1,095,566.00. Following the transaction, the insider owned 105,448 shares of the company’s stock, valued at $24,569,384. The trade was a 4.27% decrease in their position. The disclosure for this sale is available in the SEC filing. 5.20% of the stock is currently owned by corporate insiders.

About Expedia Group

Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third?party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.